This Week in Startups

The $97 Billion VC Panel | E1987

Jul 31, 2024

01:08:25

Snipd AI

The conversation highlights the recovery signals in the venture capital market and the implications of secondary pricing on investments. Guests discuss the critical role of cybersecurity amid shifting tech landscapes and explore new capital dynamics. Insightful strategies for navigating the complexities of venture financing are shared, alongside the importance of timing and relationship management in funding. The talk also addresses how startups are adapting to market changes while focusing on innovative product development and market fit.

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Quick takeaways

Recent trends indicate a recovery in the VC market, with secondary pricing signaling increased investor confidence and liquidity options for startups.

Effective succession planning within VC firms is critical for long-term stability and safeguarding investor interests amidst evolving market conditions.

Cybersecurity investments are rising sharply due to the increasing complexity of software systems and the critical need for robust data protection solutions.

Deep dives

Market Trends and Recovery in Venture Capital

Recent trends in the venture capital market indicate signs of recovery, especially in the secondary market. The median price for companies' secondaries rose from a 46% discount to a 31% discount, suggesting increased investor confidence. Funds dedicated to secondary investments have also seen significant activity, with major players like Industry Ventures and Stepstone raising substantial funds to focus on venture secondaries. This uptick in secondary pricing could signal a broader normalization in primary valuations, providing hope for renewed liquidity in the VC ecosystem.

Invest for the Long Haul, Not the Short Game

01:16

Strategy Defines Success, Not Fund Size

01:23

Intro

2min

Navigating the Venture Capital Landscape

8min

The Importance of Selling Alongside Product Development

2min

Venture Capital Dynamics and Liquidity Trends

9min

Navigating Capital Dynamics in Venture Capital

4min

Navigating Venture Capital Complexity

13min

Navigating Board Responsibilities and the Rise of Cybersecurity

2min

Cybersecurity and Market Dynamics

13min

Tech Investments and Startup Success

17min

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Todays show:

David Weisburd hosts Dana Johns, Tom Loverro, and Jason Calacanis to discuss secondaries (2:37), VC leverage against startups (23:44), venture capital strategies (29:34), cybersecurity investments (38:03), and more!

Timestamps:

(0:00) David Weisburd intros Dana Johns, Tom Loverro, and Jason Calacanis

(2:37) Secondary pricing signaling a potential VC recovery

(9:53) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.squarespace.com/twist

(11:02) Timeframes, returns for secondary funds, and founders' secondary sales

(15:32) Increasing liquidity in private markets

(22:42) Google Cloud - Accelerate your startup journey with the Google for Startups Cloud Program. Apply at https://startups.google.com/twist

(23:44) VC leverage against startups is near an all time high

(29:34) Venture capital strategies, succession planning, and valuation in the Goldilocks zone

(37:11) Brex - Get the business account trusted by 1 in 3 US startups at https://www.brex.com/twist24

(38:03) Cybersecurity investments, IPO window, and M&A market dynamics

(51:28) Lightning round on latest investments